In March 2023, Mahindra sold 35,976 passenger cars, which is the most ever sold by the company. This is a 30% increase over the same month the year before.
Additionally, the carmaker reported passenger vehicle segment yearly sales of 3,59,253 units, up from 2,25895 units in the previous fiscal year. The Scorpio-N, XUV700, Thar, XUV300, Marazzo, Bolero Neo, Bolero, Scorpio Classic, and XUV400 are among Mahindra's current product offerings.
President of the Automotive Division at M&M Ltd. Veejay Nakra expressed his satisfaction with the accomplishment, highlighting the growth of 50% for the Auto Sector on an annual basis, the record numbers in almost all business segments, and the all-time high numbers for the SUV business with a growth of 31%.
In addition, the Pik-up (LCV 2-3.5T) sector experienced the strongest yearly volume growth of 43%, solidifying its position as the market leader. The business credited its associates, dealers, partners, suppliers, and consumers for helping to make this year exceptional.
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